Small business sales up 15.8% y/y in Nov

Thu, 23 Dec 2021

Annual sales growth through small businesses nationwide accelerated in November to 15.8% from 8.2% in October, likely spurred by the reopening of in-store retail shopping in Auckland early in the month.October's gain was revised up from 6.4% after accountants and bookkeepers finalised their clients' accounts.Auckland sales were particularly strong, said Craig Hudson, Xero's head of NZ and the Pacific Islands."As soon as retailers who could observe social distancing opened on Nov 10, it's been clear that Aucklanders are read...

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